Feb 26 • 09:26 UTC 🇬🇷 Greece Naftemporiki

Piraeus Bank announces 1.070-billion-euro profit in 2025

Piraeus Bank reported a significant profit of 1.070 billion euros for 2025, reflecting strong customer loan growth and financial performance.

Piraeus Bank has announced its impressive profitability of 1.070 billion euros in 2025, which translates to a notable 16% return on tangible equity. This financial performance showcases the bank's strong positioning within the Greek banking sector, particularly amid a backdrop of economic recovery and growth in customer loans and funds. In the fourth quarter alone, the bank achieved net profits of 250 million euros, underscoring its consistent success over the year.

A key highlight from Piraeus Bank's announcement is the substantial growth in customer loans, where loans totaled 37.3 billion euros with a net credit expansion of 3.9 billion euros across all business sectors. Specifically, the retail sector contributed to a notable net credit expansion of 300 million euros, with mortgage loans experiencing a recovery marked by a 100 million euro expansion in 2025. In addition, the bank disbursed 13.3 billion euros in new loans to support the Greek economy, setting a new record for the institution, which demonstrates its commitment to fostering economic growth in the region.

Piraeus Bank's deposit situation also reflects stability and growth, with customer deposits increasing to 66.1 billion euros, representing a 3% quarter-over-quarter rise and a 5% year-over-year increase. Furthermore, the bank's customer funds under management saw a 27% year-over-year rise, exceeding annual targets and reflecting strong trust and engagement from its customer base. Such robust financial metrics suggest not only Piraeus Bank's successful operational strategy but also a positive outlook for continued effectiveness and stability within the banking sector in Greece.

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